State decides to go with Union Bank and Trust, instead
A new proposal targeting tainted investment advice would affect millions of workers.
The American Council of Life Insurers today blasted a newly floated tax proposal on unearned income — part of a series of suggested changes to the Patient Protection and Affordable Care Act of 2009.
The publicity surrounding the debacle of Anna Nicole Smith’s estate highlights the importance of careful estate planning, according to financial advisers, but the errors she made are quite common and are easily remedied.
Upper-income investors are taking advantage of a change in the tax law and rushing to convert their traditional individual retirement accounts or old 401(k) plans into Roth IRAs.
State insurance regulators Monday voted in favor of a proposal that would allow carriers to terminate an annuity living or death benefit if a client sold the contract over the secondary market.
Annual volume from life settlements transactions is expected to reach $13 billion in face value over the next three years, according to research from Aite Group LLC.
Workers are feeling confident about being able to pay for their basic expenses in retirement. But they're far from secure as more of them say they have hardly anything in savings and investments.
Financial services industry executives are expected to flex their muscles and make some radical changes to the nation's retirement system over the next several months — an effort that could significantly increase the amount of money flowing into 401(k) plans and guaranteed-lifetime-income products.
Legislation that would require that all fees be disclosed to 401(k) plan participants in simplified form is needed, most of the panelists at a hearing on the legislation today testified.
Financial advisers this tax season are coping with what they say is an unprecedented level of client anxiety over recent tax code changes and the potential for higher taxes.
Taxes on gold can be complicated and costly, but there are tax-efficient ways to participate in the gold market. Find out how in this article
The Washington state Legislature has proposed a bill that would double the estate taxes for residents.
A handful of distributors are seeing a rising tide of wealthy-client assets going into individual retirement accounts.
More people are rolling over their 401(k) savings into IRAs when they leave their jobs or retire.
A push by officials in Washington to curb tainted IRA advice could spoil the party for brokers and plan service providers
The pension and actuary group sends a mea culpa to members after a financial advisory firm got hold of the association's mailing list for an upcoming conference.
And there's a 5% chance the tab could top $570K, according to a sobering study published this week by Boston College.
By integrating annuities into financial plans, advisers can take precautions against their clients' outliving their assets, according to a retirement income planning expert.
